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Meadow Lane, Runwell, Wickford, Essex, SS11

East of England

£450,000

Listed on 16/07/2026

Property details

Bedrooms
3
Type
Bungalow
Area
1349 sqft

Description

This spacious three-bedroom detached bungalow is set on an impressive plot of approximately 1.45 acres, presenting a promising opportunity for renovation and potential redevelopment, subject to obtaining the necessary planning permissions. The property requires general modernization, allowing you to tailor the upgrade to your own style and preferences. Key features include a generous detached double garage measuring 21'4 x 19'7, along with a well-sized kitchen breakfast room and ample living space comprising a lounge and dining room that provide a solid foundation for transformation. Located in Runwell, this bungalow is conveniently within walking distance of Wickford's mainline railway station and local amenities, making it inviting for both homeowners and investors alike.

Investment analysis

(SS11 area)

Below Market Value

This property is priced -18.1% below area average per sq ft

-18.1%
Potential saving
This Property
£334/sq ft
Area Average
£408/sq ft
Avg Rent (weekly)
£349
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£604,689
10% above area average per sq ft
Potential ROI
+14.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (SS11)

Area prices are rising by +5.1% over the last 12 months
3 year growth: -0.8%
5 year growth: +10.0%
Investment Disclaimer: Analysis based on SS11 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Meadow Lane, Runwell, Wickford, Essex, SS11
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,700
Based on a loan of £337,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

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